Tata Motors Passenger Vehicles Limited share price
NSE: TMPV · ISIN INE155A01022
Key numbers
- Market cap
- ₹ 1,06,973 Cr
- Current price
- ₹ 290.45
- 52-week high / low
- ₹ 740 / 288
- Stock P/E
- 1.3
- Book value
- ₹ 304.3
- Dividend yield
- 1.03%
- ROCE
- 0.6%
- ROE
- 72.2%
- Debt to equity
- 0.73
- Sales growth (3 yrs)
- -0.9%
- Profit growth (3 yrs)
- 224.4%
- 1-year return
- -57.5%
About Tata Motors Passenger Vehicles Limited
Tata Motors Passenger Vehicles Limited designs, develops, manufactures, and sells various automotive vehicles. The company offers passenger and electric vehicles, as well as related spare parts and accessories. It also manufactures engines for industrial applications. In addition, the company provides information technology and vehicle financing services. It operates in India, China, the United States, the United Kingdom, rest of Europe, and internationally. The company was formerly known as Tata Motors Limited and changed its name to Tata Motors Passenger Vehicles Limited in October 2025. Tata Motors Passenger Vehicles Limited was incorporated in 1945 and is headquartered in Mumbai, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 87,141 | 71,714 | 69,605 | 1,04,923 | 94,827 |
| Operating profit | 164 | -8,639 | -6,900 | 3,717 | -2,270 |
| Net profit | 3,924 | 76,170 | -3,486 | 5,783 | 775 |
| EPS (₹) | 10.66 | -17.50 | -9.47 | 15.71 | 2.10 |
Concall summary (2026-08-19)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- The commodity impact in Q1 was 4.5% and we are expecting another 3% plus residual impact to f low into Q2.
- 1,300 Cr for the quarter, this is still tracking last year's trends, but we will see it step-up as we execute our next phase of growth in line with our Investor Day guidance.
Growth & demand
- With six vehicle launches approaching, four imminently and two in the pipeline, our investment levels remain high, as do our capitalization levels, which was 74% in the quarter.
- The Passenger Vehicle industry remained on a strong footing during the quarter with volumes crossing 1.3 million units, which was supported by a healthy demand environment following the GST 2.0.
Margins & costs
- 95,800 Cr for the quarter, EBIT margins at 2.4%, and PBT for the quarter stood at Rs.
- EBITDA margins were flattish at 4% year-on-year with EBIT margins and PBT improving due to the higher scale of the business.
Capex & expansion
- We have already undertaken several debottlenecking actions and capacity expansion initiatives, particularly across some of the critical suppliers.
- But we can never localize into a local plant in the U.S. sufficiently at 30,000 units or even at 50,000 units.
Balance sheet & cash
- India business continues to remain net cash positive, while net debt at JLR was GBP 3.6 billion.
- But as we near the peak of our investment cycle, it gives a free cash f low pre-working capital of negative GBP 352 million.
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